Clients are more educated than ever. There is more transparency into advisory practices than ever. It’s going to be awfully hard for advisors to win new business if they cannot tell clients they will act in the clients’ best interests.

As tireless advocates for the importance of Return on Invested Capital (ROIC), we’ve been encouraged to see a growing appreciation for the metric. Unfortunately, many investors may be relying on flawed calculations of ROIC.

We think investors’ expectation for the fiduciary standard is here to stay no matter what the official rules say — and those investors will increasingly demand that their advisers apply to their non-retirement accounts too.

On 11/22/16 our op-ed article was published at WealthManagement. The op-ed explains what it means to be a fiduciary, the conflicts within sell-side research, and how advisors fulfill fiduciary responsibilities going forward.

Our op-ed article was published at Marketwatch recently. The article explains why the Labor Department’s fiduciary rule is here to stay and how advisors can fulfill fiduciary responsibilities going forward.